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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226798986096656","repostId":"2369111459","repostType":2,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":227043160596560,"gmtCreate":1696428682869,"gmtModify":1696428686592,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"share<a href=\"https://ttm.financial/S/AVGO\">&nbsp;&nbsp;</a>","listText":"share<a href=\"https://ttm.financial/S/AVGO\">&nbsp;&nbsp;</a>","text":"share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/227043160596560","repostId":"2372481163","repostType":4,"repost":{"id":"2372481163","kind":"highlight","pubTimestamp":1696407607,"share":"https://ttm.financial/m/news/2372481163?lang=&edition=full_marsco","pubTime":"2023-10-04 16:20","market":"us","language":"en","title":"Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2372481163","media":"The Wall Street Journal","summary":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> used an algorithm code-named &#34;Project Nessie&#34; to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission&#39;s monopoly lawsuit against the company.</p><p>The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn&#39;t raise their prices to Amazon&#39;s level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.</p><p>The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.</p><p>The algorithm helped Amazon recoup money and improve margins. The FTC&#39;s lawsuit redacted an estimate of how much it alleges the practice &#34;extracted from American households,&#34; and it also says it helped the company generate a redacted amount of &#34;excess profit.&#34; Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.</p><p>Amazon stopped using the algorithm in 2019, some of the people said. It wasn&#39;t clear why the company stopped using it.</p><p>Project Nessie is one of a number of instances where the FTC&#39;s complaint contends that Amazon&#39;s monopoly power had broad impacts on raising consumer prices across retail.</p><p>The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: &#34;We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.&#34;</p><p>In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.</p><p>&#34;If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we&#39;d have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,&#34; Zapolsky said.</p><p>A central argument the FTC makes is that Amazon&#39;s power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.</p><p>Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon &#34;punishes&#34; them, according to the FTC, downgrading their listings so that shoppers don&#39;t see them.</p><p>The FTC alleges that because Amazon&#39;s cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.</p><p>Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.</p><p>A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon&#39;s cut of third-party seller sales rose from 19% to 45%. The report includes Amazon&#39;s fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon&#39;s retail sales come from third-party sellers.</p><p>The FTC alleges that sellers feel compelled to use Amazon&#39;s logistics program to be eligible for inclusion in Amazon&#39;s Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.</p><p>&#34;Amazon&#39;s one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,&#34; the complaint says.</p><p>Amazon in its statement said it is a trusted partner for millions of sellers because it provides &#34;the most effective set of services for creating thriving, successful businesses&#34; and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company&#39;s advertising or logistics services.</p><p>Internally, some Amazon executives have worried about how the company&#39;s policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.</p><p>FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon&#39;s ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.</p><p>The FTC&#39;s complaint also alleged that advertising is required in order for sellers to be successful.</p><p>&#34;It&#39;s become pay to play,&#34; said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.</p><p>Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.</p><p>The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.</p><p>Amazon&#39;s senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.</p><p>In a meeting among senior Amazon executives several years ago, the company&#39;s then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. &#34;Amazon A,&#34; as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. &#34;Which one of these companies survives?&#34; the person said Bezos asked Wilke.</p><p>Amazon&#39;s size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.</p><p>&#34;It&#39;s a love-hate relationship,&#34; he said. &#34;They can turn the switch on you in a blink of an eye, and you can be out of business.&#34;</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Used Secret \"Project Nessie\" Algorithm to Raise Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 16:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's...</p>\n\n<a href=\"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372481163","content_text":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice \"extracted from American households,\" and it also says it helped the company generate a redacted amount of \"excess profit.\" Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: \"We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.\"In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.\"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,\" Zapolsky said.A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon \"punishes\" them, according to the FTC, downgrading their listings so that shoppers don't see them.The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.\"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,\" the complaint says.Amazon in its statement said it is a trusted partner for millions of sellers because it provides \"the most effective set of services for creating thriving, successful businesses\" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.The FTC's complaint also alleged that advertising is required in order for sellers to be successful.\"It's become pay to play,\" said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. \"Amazon A,\" as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. \"Which one of these companies survives?\" the person said Bezos asked Wilke.Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.\"It's a love-hate relationship,\" he said. \"They can turn the switch on you in a blink of an eye, and you can be out of business.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226785707868176,"gmtCreate":1696426740167,"gmtModify":1696429564015,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226785707868176","isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226724266111072,"gmtCreate":1696426320737,"gmtModify":1696426442339,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ &nbsp;</a>","text":"$Hannans Reward Ltd(HNR.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226724266111072","repostId":"2372087804","repostType":2,"repost":{"id":"2372087804","kind":"highlight","pubTimestamp":1696433020,"share":"https://ttm.financial/m/news/2372087804?lang=&edition=full_marsco","pubTime":"2023-10-04 23:23","market":"us","language":"en","title":"3 No-Brainer Stocks to Buy With $1,000 Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2372087804","media":"Motley Fool","summary":"A modest amount of money can go a long way when it's invested in highly profitable industry leaders with sustained competitive advantages.","content":"<html><head></head><body><p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street&#39;s major stock indexes have fluctuated between bear and bull markets. If you&#39;re a short-term trader, making money has been exceptionally challenging.</p><p>But it&#39;s a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.</p><p>One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.</p><p>If you have $1,000 that&#39;s ready to be put to work and are positive you won&#39;t need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.</p><h2 id=\"id_2589371165\"><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></h2><p>The first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I&#39;m specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!</p><p>What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire&#39;s Class A shares -- the Class B shares didn&#39;t come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&amp;P 500 over the same timeline.</p><p>Though books have been written about Warren Buffett&#39;s investment philosophy and the reasons behind his success, I&#39;d whittle the Oracle of Omaha&#39;s outperformance down to three factors: cyclicality, dividends, and the company&#39;s capital-return program.</p><p>Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he&#39;s angled Berkshire Hathaway&#39;s acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.</p><p>A second reason for Berkshire Hathaway&#39;s long-term outperformance is Buffett&#39;s penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire&#39;s bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.</p><p>The third factor that&#39;s helped Berkshire Hathaway crush the S&amp;P 500 is its capital-return program. Although Buffett&#39;s company doesn&#39;t pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire&#39;s earnings per share and making an already inexpensive stock look that much more attractive.</p><h2 id=\"id_3673421880\"><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a></h2><p>A second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.</p><p>Before diving into the specifics of what makes Vertex such a great company, it&#39;s important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.</p><p>Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person&#39;s lungs and/or pancreas.</p><p>Though there&#39;s no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. </p><p>Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.</p><p>Vertex Pharmaceuticals&#39; balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company&#39;s cash pile grew to $11.2 billion in the June-ended quarter. </p><p>A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex&#39;s sustained double-digit sales growth rate, makes it a phenomenal buy.</p><h2 id=\"id_116220556\"><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>The third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.</p><p>Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren&#39;t going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.</p><p>What&#39;s really put Palo Alto Networks on the map over the past five years is the company&#39;s ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company&#39;s fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. </p><p>Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks&#39; operating margin over time.</p><p>Another reason Palo Alto is such a winner is its ability to land big clients. While it&#39;s great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto&#39;s remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.</p><p>As I&#39;ve pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto&#39;s reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.</p><p>Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company&#39;s growth potential, Palo Alto stock is still an amazing deal.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 No-Brainer Stocks to Buy With $1,000 Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 No-Brainer Stocks to Buy With $1,000 Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VERX":"Vertex, Inc.","BRK.B":"伯克希尔B","BRK.A":"伯克希尔","PANW":"Palo Alto Networks"},"source_url":"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372087804","content_text":"Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making money has been exceptionally challenging.But it's a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.If you have $1,000 that's ready to be put to work and are positive you won't need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.Berkshire HathawayThe first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I'm specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire's Class A shares -- the Class B shares didn't come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&P 500 over the same timeline.Though books have been written about Warren Buffett's investment philosophy and the reasons behind his success, I'd whittle the Oracle of Omaha's outperformance down to three factors: cyclicality, dividends, and the company's capital-return program.Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he's angled Berkshire Hathaway's acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.A second reason for Berkshire Hathaway's long-term outperformance is Buffett's penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire's bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.The third factor that's helped Berkshire Hathaway crush the S&P 500 is its capital-return program. Although Buffett's company doesn't pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire's earnings per share and making an already inexpensive stock look that much more attractive.Vertex PharmaceuticalsA second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.Before diving into the specifics of what makes Vertex such a great company, it's important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person's lungs and/or pancreas.Though there's no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.Vertex Pharmaceuticals' balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company's cash pile grew to $11.2 billion in the June-ended quarter. A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex's sustained double-digit sales growth rate, makes it a phenomenal buy.Palo Alto NetworksThe third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren't going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.What's really put Palo Alto Networks on the map over the past five years is the company's ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company's fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks' operating margin over time.Another reason Palo Alto is such a winner is its ability to land big clients. While it's great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto's remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.As I've pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto's reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company's growth potential, Palo Alto stock is still an amazing deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224024908001344,"gmtCreate":1695731249220,"gmtModify":1695731292234,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224024908001344","isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223995085938856,"gmtCreate":1695723882109,"gmtModify":1695723987331,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&amp;P/ASX 300(XKO.AU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&amp;P/ASX 300(XKO.AU)$ &nbsp;</a>","text":"$S&P/ASX 300(XKO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223995085938856","repostId":"2370222526","repostType":2,"repost":{"id":"2370222526","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1695722410,"share":"https://ttm.financial/m/news/2370222526?lang=&edition=full_marsco","pubTime":"2023-09-26 18:00","market":"us","language":"en","title":"Tesla to Face EU Anti-Subsidy Probe over China Exports","url":"https://stock-news.laohu8.com/highlight/detail?id=2370222526","media":"Reuters","summary":"Sept 26 (Reuters) - Tesla    and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidie","content":"<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc&#39;s probe into whether the country&#39;s electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels&#39; most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to Face EU Anti-Subsidy Probe over China Exports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to Face EU Anti-Subsidy Probe over China Exports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-09-26 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc&#39;s probe into whether the country&#39;s electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels&#39; most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4156":"煤与消费用燃料","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370222526","content_text":"Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.Tesla shares lost 1.7% on the news.EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.“The EU is now probably the largest market which is open for Chinese producers,” he said.During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222009203953904,"gmtCreate":1695228657488,"gmtModify":1695228659952,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a 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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222008459743368","repostId":"1108135933","repostType":2,"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221933294501984,"gmtCreate":1695210227160,"gmtModify":1695216579182,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","listText":"<a 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Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221579312345160","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":227043160596560,"gmtCreate":1696428682869,"gmtModify":1696428686592,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"share<a href=\"https://ttm.financial/S/AVGO\">&nbsp;&nbsp;</a>","listText":"share<a href=\"https://ttm.financial/S/AVGO\">&nbsp;&nbsp;</a>","text":"share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/227043160596560","repostId":"2372481163","repostType":4,"repost":{"id":"2372481163","kind":"highlight","pubTimestamp":1696407607,"share":"https://ttm.financial/m/news/2372481163?lang=&edition=full_marsco","pubTime":"2023-10-04 16:20","market":"us","language":"en","title":"Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2372481163","media":"The Wall Street Journal","summary":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> used an algorithm code-named &#34;Project Nessie&#34; to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission&#39;s monopoly lawsuit against the company.</p><p>The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn&#39;t raise their prices to Amazon&#39;s level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.</p><p>The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.</p><p>The algorithm helped Amazon recoup money and improve margins. The FTC&#39;s lawsuit redacted an estimate of how much it alleges the practice &#34;extracted from American households,&#34; and it also says it helped the company generate a redacted amount of &#34;excess profit.&#34; Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.</p><p>Amazon stopped using the algorithm in 2019, some of the people said. It wasn&#39;t clear why the company stopped using it.</p><p>Project Nessie is one of a number of instances where the FTC&#39;s complaint contends that Amazon&#39;s monopoly power had broad impacts on raising consumer prices across retail.</p><p>The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: &#34;We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.&#34;</p><p>In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.</p><p>&#34;If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we&#39;d have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,&#34; Zapolsky said.</p><p>A central argument the FTC makes is that Amazon&#39;s power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.</p><p>Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon &#34;punishes&#34; them, according to the FTC, downgrading their listings so that shoppers don&#39;t see them.</p><p>The FTC alleges that because Amazon&#39;s cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.</p><p>Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.</p><p>A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon&#39;s cut of third-party seller sales rose from 19% to 45%. The report includes Amazon&#39;s fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon&#39;s retail sales come from third-party sellers.</p><p>The FTC alleges that sellers feel compelled to use Amazon&#39;s logistics program to be eligible for inclusion in Amazon&#39;s Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.</p><p>&#34;Amazon&#39;s one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,&#34; the complaint says.</p><p>Amazon in its statement said it is a trusted partner for millions of sellers because it provides &#34;the most effective set of services for creating thriving, successful businesses&#34; and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company&#39;s advertising or logistics services.</p><p>Internally, some Amazon executives have worried about how the company&#39;s policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.</p><p>FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon&#39;s ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.</p><p>The FTC&#39;s complaint also alleged that advertising is required in order for sellers to be successful.</p><p>&#34;It&#39;s become pay to play,&#34; said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.</p><p>Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.</p><p>The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.</p><p>Amazon&#39;s senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.</p><p>In a meeting among senior Amazon executives several years ago, the company&#39;s then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. &#34;Amazon A,&#34; as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. &#34;Which one of these companies survives?&#34; the person said Bezos asked Wilke.</p><p>Amazon&#39;s size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.</p><p>&#34;It&#39;s a love-hate relationship,&#34; he said. &#34;They can turn the switch on you in a blink of an eye, and you can be out of business.&#34;</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Used Secret \"Project Nessie\" Algorithm to Raise Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 16:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's...</p>\n\n<a href=\"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372481163","content_text":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice \"extracted from American households,\" and it also says it helped the company generate a redacted amount of \"excess profit.\" Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: \"We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.\"In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.\"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,\" Zapolsky said.A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon \"punishes\" them, according to the FTC, downgrading their listings so that shoppers don't see them.The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.\"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,\" the complaint says.Amazon in its statement said it is a trusted partner for millions of sellers because it provides \"the most effective set of services for creating thriving, successful businesses\" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.The FTC's complaint also alleged that advertising is required in order for sellers to be successful.\"It's become pay to play,\" said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. \"Amazon A,\" as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. \"Which one of these companies survives?\" the person said Bezos asked Wilke.Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.\"It's a love-hate relationship,\" he said. \"They can turn the switch on you in a blink of an eye, and you can be out of business.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226785707868176,"gmtCreate":1696426740167,"gmtModify":1696429564015,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226785707868176","isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226724266111072,"gmtCreate":1696426320737,"gmtModify":1696426442339,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ &nbsp;</a>","text":"$Hannans Reward Ltd(HNR.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226724266111072","repostId":"2372087804","repostType":2,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226798986096656,"gmtCreate":1696429981923,"gmtModify":1696429985139,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226798986096656","repostId":"2369111459","repostType":2,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224024908001344,"gmtCreate":1695731249220,"gmtModify":1695731292234,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&amp;P/ASX 200(XJO.AU)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224024908001344","isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223995085938856,"gmtCreate":1695723882109,"gmtModify":1695723987331,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&amp;P/ASX 300(XKO.AU)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&amp;P/ASX 300(XKO.AU)$ &nbsp;</a>","text":"$S&P/ASX 300(XKO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223995085938856","repostId":"2370222526","repostType":2,"repost":{"id":"2370222526","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1695722410,"share":"https://ttm.financial/m/news/2370222526?lang=&edition=full_marsco","pubTime":"2023-09-26 18:00","market":"us","language":"en","title":"Tesla to Face EU Anti-Subsidy Probe over China Exports","url":"https://stock-news.laohu8.com/highlight/detail?id=2370222526","media":"Reuters","summary":"Sept 26 (Reuters) - Tesla    and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidie","content":"<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc&#39;s probe into whether the country&#39;s electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels&#39; most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to Face EU Anti-Subsidy Probe over China Exports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to Face EU Anti-Subsidy Probe over China Exports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-09-26 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc&#39;s probe into whether the country&#39;s electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels&#39; most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4156":"煤与消费用燃料","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370222526","content_text":"Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.Tesla shares lost 1.7% on the news.EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.“The EU is now probably the largest market which is open for Chinese producers,” he said.During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":230077830516736,"gmtCreate":1697209424965,"gmtModify":1697209432297,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would 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